China to cut tax rates for inbound baggage, postal articles
Apr 10, 2019 ｜ by CT
The State Council will cut the tariff rates for baggage brought by individuals and articles mailed into the country starting April 9. The tax rate on products including food and medicine will be lowered from 15% to 13%, The rate for commodities including textiles and electric appliances will be cut from 25% to 20%.
In addition, the meeting also identified measures to reduce mobile network traffic and broadband charges for SMEs that is about 180 billion yuan a year, to reduce average electricity prices for general industry and commerce, to reduce railway freight rates, to reduce and merge port charges, and to cancel fees for citizenship information authentication.
